The performers get soaked — as do some audience members — during this exhilarating spectacle.Stephanie Berger

Everything about Elizabeth Streb’s “Kiss the Air!” is an exclamation point. She’s been on the scene a quarter-century, making pieces she calls PopAction — a bit of traditional dance mixed with a lot of acrobatics, often set in unlikely places: One of them this summer took place on a 21-foot rotating ladder in Gansevoort Plaza.

This time she’s brought that ladder indoors, to the immense drill hall in the Park Avenue Armory, where her fearless performers bungee-jump into a shallow pool, get yanked around on pulleys and catapult themselves across the floor.

The show is as much arena concert as circus act. David Van Tieghem’s rock music is pounding, lights are pulsing and huge video screens line the hall. An emcee riles up the crowd, who sit on bleachers on two sides of the hall.

The performers, in bright red unitards and stunt harnesses, shout and line up like football players at the start of a game. They climb towers at each end of the space and slide down a cable strung the length of the hall until . . . WHAM! They crash into padding.

Unlike dancers or acrobats, these “action engineers” don’t try to make anything look fluid or easy. They love slamming into things — including each other — and revel in the rough-and-tumble difficulty of the work. Whooping and screaming at each other and us, they put gymnastics through boot camp.

Occasionally it goes too far. The biggest show-off in the company, Daniel Rysak, intentionally inched slowly toward a rotating ladder until he was clouted on the chin by one of the rungs. That’s fun to watch — if you’re 12.

The high point is a cascading fountain made of falling bodies instead of water jets. The performers launch themselves from multiple levels of a platform, free-falling onto mats. It has the surreal beauty of cliff-diving, only timed and synchronized.

The final section, which involves real water and the bungee cords, is a dampener — literally. The performers soak themselves and splash water everywhere. In Blue Man Group style, the folks in the first three rows in front of the bleachers get ponchos.